Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
      Elastomers for Sustainability Top 10
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
January 08, 2021 09:31 AM

EU automotive industry cautious over Brexit trade deal

ERJ Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Brussels – The European Automobile Manufacturers’ Association (ACEA) has described the free-trade agreement between the EU and UK as a “great relief for European automobile manufacturers, allowing the sector to avoid the catastrophic effect of a no-deal Brexit.”

    “There is no other industry that is more closely integrated than the European automotive industry, with complex supply chains stretching right across the region,” said ACEA director general Eric-Mark Huitema.

    However, ACEA said it cannot make a full assessment of the implications for EU auto manufacturers and their supply chains until all the technical details have been made public.

    “Major challenges still lie ahead, as trade in goods will be heavily impacted by barriers to trade in the form of new customs procedures that will be introduced,” Huitema cautioned. 

    With around 30,000 parts used in the construction of a single car – and many more in the construction of commercial vehicles – the automotive industry relies heavily on smooth and just-in-time delivery, ACEA noted.

    According to the association, the deal struck by EU and UK negotiators introduces much more red tape and regulatory burden for the industry.

    Every year, it added, almost 3 million motor vehicles worth €54 billion are traded between the EU and the UK, and cross-Channel trade in automotive parts accounts for almost €14 billion.
     

    RECOMMENDED FOR YOU
    GRI launches phase 2 of $100m speciality tire project
    GRI launches phase 2 of $100m speciality tire project
    India decides against extending carbon black duties
    India decides against extending carbon black duties
    ANRPC upgrades forecasts for rubber supply and demand
    ANRPC upgrades forecasts for rubber supply and demand
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. All rights reserved.
    Contact Us European Rubber Journal, Crain Communication LTD, Ground Floor 11 Ironmonger Lane, London EC2V 8EY, UK

    Customer Service:
    1-313-446-0450

    Resources
    • About us
    • Contact Us
    • Staff
    • Advertise with Us
    • Media Kit
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac